North Carolina, USA-based Software as a Service (SaaS) platform that creates visualizes and organizes codebase maps through AI, Devnaut announced its public launch and pre-seed funding. High Alpha Innovation’s venture-building program, as well as Capital One Ventures, contributed to the pre-seed investment. The company announced the launch on July 14, 2023. However, it did not disclose the amount of the deal.
Purpose of funding for Devnaut
With the latest proceeds from the pre-seed investment, Devnaut seeks to expand its operations. It further has plans to support the development efforts.
What the company’s official has to add
Devnaut Co-Founder and CEO, Jeff White said, “The industry has been building low-level code tools geared toward serving single pain points for developers for decades, but no one has solved for the macro-level perspective. By visualizing complex codebases, Devnaut is eliminating the burden of time-consuming manual forensic work and empowering developers to focus on what matters most: building great software. Devnaut’s mission is to make code accessible and collaborative, and our code cartographer is the first step towards achieving that vision.”
What the investors have to comment
Phil Kim, partner at Capital One Ventures, said, “There’s a unique opportunity for innovation at the documentation layer, making granular, fragmented information systematically accessible. This facilitates developer onboarding and allows tenured engineers to use their time more productively. To build, innovate and meet evolving requirements, engineers need context on how their technical systems are set up, and Devnaut is addressing that intricate challenge.”
Elliott Parker, CEO of High Alpha Innovation, further said, “At High Alpha Innovation, we are proud to co-create world-changing startups with top global corporations. Devnaut is addressing an industry-wide challenge. It has the extraordinary potential to dramatically reshape the way technology teams and organizations operate.”
High Alpha Innovation is an Indianapolis, USA-based venture studio. It partners with corporations and universities to build advantaged startups. The company boasts a dedicated team of builders, strategists, and designers. In addition, the company applies a proven venture studio playbook, i.e., pioneered by High Alpha, to help the world’s leading organizations innovate through systematic startup creation.
About the company
Bob Donald and Jeff White launched the company in 2023. Devnaut is the world’s first AI code cartographer. The company revolutionizes technological team’s interaction with complex codebases. Devnaut leveraged AI-driven visualization and organization. It further minimizes the time spent on code forensics, enabling a seamless software development, navigation and collaboration experience for developers, engineers and technology leaders.
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 platform that creates visualizes and organizes codebase maps through AI, Devnaut announced its public launch and pre-seed funding.){kind=link}